Bitcoin, Cryptocurrency, Finance & Global News - August 9th 2020 Every week we cover all the latest Bitcoin, Ethereum, cryptocurrency, finance & economics news from across the global. We'll help you understand the world of investing & trading Bitcoin, cryptocurrency, stock markets, gold, silver, commodities, bonds, property, currencies & more. We also discuss how central banks have forever changed asset markets. The world of finance & economics has failed so many people. It now faces serious competition from free market solutions, Bitcoin, Ethereum & top cryptocurrency protocols. The best projects are attempting to build a fairer financial system & more inclusive digital world. We'll keep you up to date with all the latest Bitcoin, Ethereum, DeFi & cryptocurrency trends. With record debt & rising inequality, the world is headed for another global financial crisis. Central banks are doing everything they can to prevent another economic collapse. We believe central banks & governments will unleash massive fiscal spending, MMT, QE & negative interest rates in an attempt to drive up asset prices & inflate away debt. We believe Gold, Silver, Bitcoin, Ethereum & cryptocurrency provide a great alternative to the current system that allows you to take control of your own wealth & securely custody your data. #Bitcoin #Ethereum #Finance ? Free education, resources & discounts: https://nuggetsnews.com.au/ ? Join Our Community: https://nuggetsnews.com.au/nuggets-crypto-community/ eToro Thanks to our partner eToro, get $100 Free Bitcoin & 10% Deposit Credits when you sign up. The easiest place to trade & invest in stocks, currencies, commodities, ETFs & indices: https://nuggetsnews.com.au/nuggets-news-partners-with-social-trading-giant-etoro/ How To Invest In Gold & Silver: https://nuggetsnews.com.au/resources/trading-investing/how-to-invest-in-gold-silver-precious-metals/ Discount On Marin's Research (Load in incognito mode if not working): https://katusaresearch.com/alex Free consult on how to get crypto in your SMSF: https://newbrightoncapital.com/nugget FTX Discount Fees: https://ftx.com/#a=Nugget FTX US: https://ftx.us/#a=FTXUnitedStates FTX Tutorial: https://youtu.be/1v5dnHJ6LL8 Timestamps: 0:00 Housekeeping 3:15 Member-only crypto research report 4:00 Finance & Global News section 6:05 Modern monetary theory debate 8:30 Australian mortgage holders getting fiscal support 9:45 Poorer underclass if we don't reform the economy 10:20 Gold at nearly A$3,000/oz 11:20 Apple mobility trends 12:50 Internet trade wars 14:55 China, Russia continue to ditch dollar 16:10 Fed expected to make a major commitment to ramping up inflation soon 18:05 Implications of Fed balance sheet growth 20:50 U.S. Federal unemployment benefits expire 24:30 Trump signs virus relief order 26:50 Defaults won't stop funding frenzy started by central banks 27:55 Robinhood craze moving markets 30:40 Gold price vs U.S. Treasury yields — 35:00 Crypto News section 39:20 Binance-launched tokens 'on a tear' 40:50 dYdX debuts ETH perpetual swaps 43:15 Chainlink's LINK short squeeze 45:50 Goldman Sachs eyes own token, appoints new head of digital assets 46:00 'Crypto Mom' SEC Commissioner Peirce voted in until 2025 47:55 Ethereum Classic 51% attacks 48:45 Credit delegation enters DeFi 51:40 Set Protocol V2 52:15 U.S. lawmakers don't want proof-of-stake networks to get overtaxed 57:00 Record bitcoin revenue for Square's Cash App — 58:00 Bitcoin & Ethereum price action ? Did you enjoy this video? SUBSCRIBE for more: https://www.youtube.com/c/nuggetsnews?sub_confirmation=1 ? For more Resources & Content: https://nuggetsnews.com.au ? Always on the go? Tune in on your favourite Podcast app: https://lnk.to/nuggetsnews #️⃣ Connect with us: Twitter: https://twitter.com/NuggetsNewsAU Facebook: https://www.facebook.com/nuggetsnews LinkedIn: https://www.linkedin.com/company/nuggetsnews Instagram: https://www.instagram.com/nuggetsnewsaus Reddit: https://www.reddit.com/user/nugget_alex _________ ❗ DISCLAIMER ❗ Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances. The viewer should always: 1. Conduct their own research, 2. Never invest more than they are willing to lose, 3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.